Auto Warranty Companies Fight For Your Business

car warranty - The industry of auto warranty companies is really a fiercely competitive one. You will find a limited variety of cars on the highway - granted, there are millions of them, and each one of them, at some time or still, has or enjoyed a warranty - but with the large number of companies fighting for that business of the drivers, this means that each car owner is definitely the target of some very hungry sales reps.

This is definitely a daunting position to stay in for a car owner. Whether you are purchasing a new car coming from a dealership, or buying a used car, there will be people trying to sell you their warranty services.

Inside the dealership, you may encounter a pushy sales representative that will try everything they can to obtain to sign on for the extended warranty whenever you help make your initial purchase. You can find benefits to buying at that time, including having the costs in the warranty rolled up in to the financing for the car, and understanding that your dealership will continue to be the spot to possess any repairs or replacements done. However, these comforts might end up costing you hundreds or thousands of dollars over time. Sales people make large commissions on warranties, so they're eager to help you get to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, as opposed to adding a tiny number to your monthly car payment bills. However it would likely help you save money.

But just as not every car sales representative is out to rip you off, not all third-party providers are excellent guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you being a client, so use that in your favor. Compare costs, take a look at all the relation to the warranties offered, and tell the companies you speak with “hey, make me the best offer.” If they can't, someone else will.